Here’s why Australia will mandate vaccine boosters for the rest of your life

December 17, 2021

Moderna has agreed to build a factory and produce Covid vaccines in Melbourne beginning mid-2024.

Under an agreement with the Australian and Victorian governments, Moderna will build a $2 billion facility in Melbourne, creating 500 jobs and employing 500 construction workers in the process.

The layers of insanity and corruption here are mind blowing. Just a few questions come to mind:

a) How do our politicians know that this pandemic will still be here in three years? No respiratory pandemic in history has lasted that long. Were the conspiracy theorists who called this a “plandemic” correct all along?

b) Only one booster shot has been approved for the Moderna vaccine. How is it that both the state and federal governments and Moderna are so confident that the independent regulatory bodies in the US and Australia will continue to to issue new approvals ad nauseum? Should we just replace the TGA with a part time temp with a rubber stamp?

c) Why is this a $2 billion deal? Back in April university scientists estimated it would cost around $50 million to set up a facility to manufacture these mRNA vaccines under license. Sure, scientists don’t understand real world costs perfectly, but a factor of 40? Really? Furthermore, Moderna’s total assets were only US$7.3 billion at the end of 2020. What will it do with a $2 billion facility?

d) Why is the Victorian government even involved in this deal? The Victorian government doesn’t even purchase vaccines. These are 100% supplied by the federal government.

e) Why is any government financing a factory for a private company?

f) If Australia needs its own mRNA vaccines, why not build a facility to commercialize the mRNA vaccine developed at Victoria’s own Monash University?

g) How much of this money will be kicked back into the Victorian Labor Party to fund next year’s election campaign?

Naturally, we’ll never get answers to these questions. The Victorian government is not audited effectively and there’s zero transparency. The entire public audit report has just a two-line profit and loss statement and a two-line balance sheet for each material entity (e.g. department) of the Victorian government. All it shows is that costs for the tunnel project have blown out by $2.57 billion, general government costs have blown out by $13 billion, and the state’s borrowings have surged by $30 billion.

An extra $2 billion wasted on needless vaccines is nothing for this government

The Andrews government has tripled state debt in five years and plans to add an extra $20 billion a year for the next five. As with other governments around the world, this one has discovered that there are zero consequences for borrowing and spending the state into oblivion. Two billion on a new factory is a rounding error for these idiots.

The Andrews government more than tripled Victoria’s debt in four years

Source: Auditor General’s Report on the State of Victoria 2020-21
Note: General Government Sector (GGS) debt excludes administered entities

The terms of the deal are “commercial in confidence” which means they would be damaging to the government if they were made public. If it were me, I would refuse to commit to a deal without a clause requiring the government to purchase a certain number of shots each year and make them mandatory for the entire population.

That’s just me though. Maybe the market demand will pick up and the 280 million on order simply won’t be enough. And maybe the government will get tired of controlling the population with QR codes and mandatory tracking. Pigs may fly.

Meanwhile, the financial trajectory is pretty clear.

It’s also good news for both Pfizer and Moderna

Also, take profits today.

Peter.